should I buy in temecula

[FlyerInHi]

Yes, thanks for correcting njtosd.
http://genetics.thetech.org/ask/ask138

[CA renter]

[quote=FlyerInHi]I don’t know… it’s one thing if you buy for investment like I bought in Vegas, hoping on appreciation.

Buying to live and having to commute 60 miles, one-way, hoping for future growth is a little nuts. I drive to and from San Diego, Vegas, Orange County and LA frequently. It’s not fun. But for me it’s a little different because I consider it a job, almost. I don’t recommend a daily commute if you have a family.

There’s still a lot of land to develop and in 30 years there will be something in between. For example, 4S Ranch didn’t exist before. Some people bought in Temecula and commute to San Diego.

Buy near where you want to be, and make compromises for what you can afford.[/quote]

Could not agree more, FIH. We know quite a few people who commute between Temecula and SD County. They don’t seem to mind it, but my DH and I don’t think that’s a reasonable commute.

[CA renter]

[quote=paramount]I think in general Temecula is severely underrated by those who live in San Diego – Temecula is an awesome place to live.

I was recently at Harmony Grove (west Escondido) on opening day touring the model homes, and Temecula was looking better by the minute. Harmony Grove looks like a bad value IMO based on prices/taxes for what you get…

And the commutes are not necessarily 60 miles — mine is about 40 minutes.

The values of my Temecula properties have gone up so much I could literally go into semi-retirement. And I’m decades under the age of 65.

I will say this though about Temecula: Only buy in Temecula if you want:

*Great Schools
*Very Low Crime
*Great shopping and wineries
*Very nice climate for the vast majority of the year
*Great place to raise a family
*Reasonable housing prices for the 99%
*New hospital

And the Temecual Valley is very pretty IMO.

[img_assist|nid=20931|title=The Beauty of Temecula|desc=|link=node|align=center|width=466|height=307][/quote]

Not disagreeing with what you’ve said here regarding the perks of living in Temecula, but weren’t you the one who was ranting about how bad Temecula was and how you were trapped there against your will when the housing bubble burst?

[scaredyclassic]

[quote=CA renter][quote=paramount]I think in general Temecula is severely underrated by those who live in San Diego – Temecula is an awesome place to live.

I was recently at Harmony Grove (west Escondido) on opening day touring the model homes, and Temecula was looking better by the minute. Harmony Grove looks like a bad value IMO based on prices/taxes for what you get…

And the commutes are not necessarily 60 miles — mine is about 40 minutes.

The values of my Temecula properties have gone up so much I could literally go into semi-retirement. And I’m decades under the age of 65.

I will say this though about Temecula: Only buy in Temecula if you want:

*Great Schools
*Very Low Crime
*Great shopping and wineries
*Very nice climate for the vast majority of the year
*Great place to raise a family
*Reasonable housing prices for the 99%
*New hospital

And the Temecual Valley is very pretty IMO.

[img_assist|nid=20931|title=The Beauty of Temecula|desc=|link=node|align=center|width=466|height=307][/quote]

Not disagreeing with what you’ve said here regarding the perks of living in Temecula, but weren’t you the one who was ranting about how bad Temecula was and how you were trapped there against your will when the housing bubble burst?[/quote]

Having equity makes people more cheerful grnerally

[paramount]

[quote=CA renter][quote=paramount]I think in general Temecula is severely underrated by those who live in San Diego – Temecula is an awesome place to live.

I was recently at Harmony Grove (west Escondido) on opening day touring the model homes, and Temecula was looking better by the minute. Harmony Grove looks like a bad value IMO based on prices/taxes for what you get…

And the commutes are not necessarily 60 miles — mine is about 40 minutes.

The values of my Temecula properties have gone up so much I could literally go into semi-retirement. And I’m decades under the age of 65.

I will say this though about Temecula: Only buy in Temecula if you want:

*Great Schools
*Very Low Crime
*Great shopping and wineries
*Very nice climate for the vast majority of the year
*Great place to raise a family
*Reasonable housing prices for the 99%
*New hospital

And the Temecual Valley is very pretty IMO.

[img_assist|nid=20931|title=The Beauty of Temecula|desc=|link=node|align=center|width=466|height=307][/quote]

Not disagreeing with what you’ve said here regarding the perks of living in Temecula, but weren’t you the one who was ranting about how bad Temecula was and how you were trapped there against your will when the housing bubble burst?[/quote]

It’s funny (seriously…), when I wrote that last post about how wonderful Temecula is, I knew my past would come back to haunt me. And I knew it would be CAR who would bring it to our attention LOL.

[paramount]

[quote=scaredyclassic]

Having equity makes people more cheerful grnerally[/quote]

I think what scaredy says is true.

But with mainstream big time money managers currently advising clients to stuff their mattress with cash, I’m reminded that equity can come and go.

[temeculaguy]

Hi gang, long time no see. I was bored, clicked on piggington that still is in my “favorites” list and started to read a little. This comment pulled me out of retirement. First off, so glad to see Paramount has stuck it out up here, if he kept both houses his balance sheet thanks him.

Now to the retirement comment. I’m not too far from it and recently conducted an inventory of the good and bad as far as staying put once retired. For those who don’t remember me, I bought at a fairly lucky time and got a 5/4, 3 car garage at the tail end of 2008 for 270k that was a repo originally purchased for the mid 600’s. Houses on my street are going for the high 400’s to low 500’s, so I’m a happy camper right now and have about 50% equity and a sub 2k mortgage with impounds included. Now that the backstory is complete, I have about 5 years until I retire. I did find a soon to be Mrs. TG and the kids have lived at college for quite some time with the oldest graduating in December. BTW empty nesting is awesome.

So retirement is something I think about more and more and the thought of downsizing or relocating is in those thoughts. The problem is that the future Mrs. TG has grown kids (and some grandkids) who live north and mine live South, we rarely get a weekend that someone isn’t visiting. They all love the wineries, old town, pechanga and the endless festivals and events. I’ve had to declare “no visitor weekends” every few months just to get some errands done and to rest my liver. As far as wanting friends to visit for weeks not days, I make people tell me when they are leaving before they come because weekends turn to weeks because they always have more fun than they thought and extend their stays.

As far as travel, I think it is ideal, we are an hour or so from 4 or 5 airports. SD is not a perfect hub for travel and sometimes is costlier than the other other airports. I don’t mind paying for parking and I’m a direct flight junkie, I hate transfers with the luggage and logistical issues. being under 90 minutes from LAX, SNA, ONT and SND gives me the opportunity to go most anywhere directly on our airlines of choice. We’ve been traveling a lot lately and SD is my least favorite airport for many destinations.

Sometimes I’ve pondered a move but everyone I care to have in my home likes coming here and I’ve got 4 queen beds in the 4 guest rooms, most with private bathrooms, they all want me to stay here.

Finally, I’m a numbers guy and the greatest drawback to Temecula is it’s distance for commuters, so why would I pay more to be closer to a job that I wont be going to. Seems to me, the low overhead is the greatest reason to stay. I have done all the math and if i stay, I’ll have 70% of my retirement income be discretionary. Wasn’t that the beauty of all the hard lessons we learned from the great recession.

Another anecdotal example of retirement is my parents, they sold their LA home and paid cash for a temecula home with their LA equity and then retired. They are never home, all they do is travel and they love it.Sure they had to pay $12 a day to park at LAX on their last 30 day trip to Europe. That’s $360!! and their mortgage is $0, not 3k. In fact they brag that their flight, hotel, parking and expenses were less that 2 months mortgage in their former centrally located house of the same size as their current one. So yeah, I’m retiring in Temecula.

[carlsbadworker]

welcome back, TG.

[carlsbadworker]

[quote=temeculaguy]Sure they had to pay $12 a day to park at LAX on their last 30 day trip to Europe. That’s $360!![/quote]

Haven’t they heard about uber? We took uber from Temecula to LAX once, and it costs $125 one-way with coupon. It was very nice ride and you are dropped at the terminal. Cheaper and more convenient.

[Rich Toscano]

TG!!! Nice to hear from you, and I’m happy everything sounds like it’s going well. Congrats on future Mrs. TG.

[The-Shoveler]

OK TG I got you down as yet another Boomer who is not planning on downsizing or moving after retirement (well at least not right away).

Seems most I know are either buying bigger (one story) or not moving.

Seems counter intuitive (other than the one story).

[spdrun]

Buying bigger makes sense if you have the money and no longer need to be near work.

[FlyerInHi]

TG, I am sure that temecula is right for you.

There is a place for everyone just like there is someone for everyone, if the stars are aligned, and under the right conditions.

Undoubtedly Temecule is a lovely city which will attract residents and grow.

But Temecula is not an alternative neighborhood for would be homeowners in San Diego. People in San Diego can make compromises as to live in north park, hillcrest, Mira Mesa, Clairemont, etc… Temecula as a viable commute option? I don’t see a strong case for it.

[fun4vnay2]

Don’t know why but TV seems much attractive to me in comparison to SD.

I’d love to retire in TV but can’t move in right now because of commute.

[spdrun]

If commute is not an issue, why not somewhere like Julian?

[Author]

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